Yankees Hire Jim Hendry

4:00pm: The Yankees announced that they have hired Hendry as a special assignment scout.

11:57am: The Yankees have hired former Cubs GM Jim Hendry as a special assistant, ESPNChicago.com's Bruce Levine reports. The Cubs dismissed Hendry in August, before hiring Theo Epstein and Jed Hoyer.

The Cubs won three division titles under Hendry (2003, '07, '08), but finished 71-91 in 2011 despite an Opening Day payroll of roughly $134MM. Overall, Chicago posted a 749-748 record under Hendry from 2002-11. MLBTR's Transaction Tracker details his moves, from the $91.5MM extension for Carlos Zambrano to his bargain signing of Kerry Wood last offseason.

Current D'Backs GM Kevin Towers worked for the Yankees after his tenure in San Diego ended, so this isn't the first time Brian Cashman has asked a former counterpart to join his baseball operations team. Hendry obtained a multiyear deal from the Yankees.